Most Unemployment Is Accounted for by

question 159

Multiple Choice

Most unemployment is accounted for by

• A)new entrants.
• B)reentrants.
• C)job leavers.
• D)job losers.
• E)discouraged workers.

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Definitions:

Debit Postings

Accounting entries that increase an asset or expense account, or decrease equity, liability, or revenue accounts.

Credit Postings

Entries that increase liabilities, revenue, or equity accounts, or decrease asset or expense accounts.

T Account

A skeleton version of a standard account, used for demonstration purposes.

Debit Side

The left side of an account in double-entry bookkeeping, used to record increases in assets and expenses or decreases in liabilities and equity.